Cms Energy (CMS) Capital Expenditures (2009 - 2026)
Cms Energy's (CMS) quarterly Capital Expenditures came in at $2.0 billion in Q2 2026, up 126.92% on a YoY basis from $884.0 million in Q2 2025, and up 93.07% quarter-over-quarter from $1.0 billion in Q1 2026.
Analysis
Cms Energy (CMS) Capital Expenditures (2009 - 2026) Analysis & Trends
Cms Energy (CMS) has reported Capital Expenditures for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 126.92% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $1.9 billion (up 94.47% YoY), and the FY2025 full-year result was $662.0 million, up 28.05% from the prior year.
- Capital Expenditures advanced to $2.0 billion in Q2 2026 per CMS's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at $2.0 billion in Q2 2026 and bottomed at -$2.1 billion in Q4 2025.
- Historically, Capital Expenditures has averaged $275.9 million across 5 years, with a median of $520.0 million in 2022.
- The widest YoY moves for Capital Expenditures: up 710.71% in 2024, down 52666.67% in 2024.
- Over 5 years, Capital Expenditures stood at $1.0 million in 2022, then slumped by 400.0% to -$3.0 million in 2023, then plunged by 52666.67% to -$1.6 billion in 2024, then sank by 31.9% to -$2.1 billion in 2025, then surged by 196.07% to $2.0 billion in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $2.0 billion, $1.0 billion, and -$2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 87.00 Mn |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 2.95 Bn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 1.26 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 1.08 Bn |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 1.35 Bn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 812.00 Mn |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | - |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 2.01 Bn |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.01 Bn |
| Mar 31, 2026 | 1.04 Bn |
| Dec 31, 2025 | -2.09 Bn |
| Sep 30, 2025 | 978.00 Mn |
| Jun 30, 2025 | 884.00 Mn |
| Mar 31, 2025 | 888.00 Mn |
| Dec 31, 2024 | -1.58 Bn |
| Sep 30, 2024 | 806.00 Mn |
| Jun 30, 2024 | 681.00 Mn |
| Mar 31, 2024 | 613.00 Mn |
| Dec 31, 2023 | -3.00 Mn |
| Jun 30, 2023 | 84.00 Mn |
| Mar 31, 2023 | 157.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Sep 30, 2022 | 65.00 Mn |
| Jun 30, 2022 | -358.00 Mn |
| Mar 31, 2022 | 520.00 Mn |
| Dec 31, 2021 | -1.25 Bn |
| Sep 30, 2021 | 564.00 Mn |
| Jun 30, 2021 | 442.00 Mn |